KazTransOil announces completing connection of sections of Uzen-Atyrau-Samara trunk oil pipeline after reconstruction

13.05.21 11:23
/KASE, May 13, 2021/ – KazTransOil (Nur-Sultan), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 12, 2021: quote "KazTransOil" JSC has carried out works on connecting the newly constructed sections 511.3-514.1 km and 516.8-528 km of the "Uzen-Atyrau-Samara" oil trunk pipeline after reconstruction. To connect the replaced sections of the pipeline with a total length of 14 km, a planned stop of the oil pipeline for 72 hours was required. All technical work was completed in a timely manner, in compliance with the requirements of industrial safety and labor protection. 237 employees of the Kulsary, Mangistau, Atyrau, Aktobe, Pavlodar and Karaganda Oil Pipeline Departments, as well as employees of the Operation Department of "KazTransOil" JSC and the main dispatching department of the branch of the Oil Transportation Management Center of "KazTransOil" JSC were involved in the activities for connecting the sections of the pipeline after reconstruction. The number of vehicles involved is 74 units. The replacement of the section of the "Uzen-Atyrau-Samara" main oil pipeline was carried out in accordance with the business plan of "KazTransOil" JSC for 2020-2024 and is aimed at ensuring reliable and trouble-free oil transportation. "Atyrau-Samara" oil pipeline is the second largest export of Kazakh oil to the world market. Oil is delivered via the "Atyrau-Samara" oil pipeline and further via the "Transneft" OJSC system to the Ust-Luga Baltic terminal and the Black Sea port of Novorossiysk. In 2020, 14.4 mln. tons of Kazakh oil were transported through the Atyrau-Samara oil pipeline. unquote The full press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_120521_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_reliz_120521_1.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_120521_eng_1.pdf – in English. [2021-05-13]